Espey Mfg. & Electronics Corp. announced on September 8, 2026, that its Board of Directors has declared a special cash dividend of $0.75 per share. This payment is in addition to the company's regular quarterly dividend of $0.25 per share. The total dividend distribution per share amounts to $1.00.
The company specified that the dividends will be payable on September 25, 2026, to all shareholders of record as of September 18, 2026.
In other corporate governance news disclosed in the filing, the Board of Directors promoted Kaitlyn O’Neil to the position of Chief Financial Officer & Treasurer. Ms. O’Neil was previously serving as the Principal Financial Officer & Treasurer. In her expanded role, she will continue to oversee the company’s financial organization and lead financial strategy, reporting, planning, and related corporate functions.
Kaitlyn O’Neil and David O’Neil, the company’s President and CEO, are not related. The company’s primary business involves the development, design, and production of specialized military and industrial power supplies and transformers.